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Lindsay Q2 EPS Tops Estimates, But Revenues Miss
(RTTNews) - Lindsay Corp. (LNN) reported on Tuesday that net earnings for the second quarter increased to $18.05 million or $1.63 per share from $14.57 million or $1.32 per share in the prior-year quarter.
Total operating revenues for the quarter declined 17 percent to $166.24 million from $200.14 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.53 per share on revenues of $188.27 million for the quarter. Analysts' estimates typically exclude special items.
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Lindsay To Invest Over $50 Mln In Next Two Years In Manufacturing Facility In Lindsay
Lindsay Corp. (LNN) announced Wednesday plans to invest more than $50 million over the next two years in its largest global manufacturing facility located in Lindsay, Nebraska.
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565 days ago
China Services Growth Fastest Since May 2024
China's services activity expanded at the fastest pace in more than a year in July on rising inflows of new business, purchasing managers' survey data from S&P Global showed on Tuesday. The headline general services business activity index rose to 52.6 in July from 50.6 in June. The index extended the current period of growth to just over two-and-a-half years. Moreover, the index suggested that t
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24 minutes ago
European Economic News Preview: Eurozone Final Composite PMI Data Due
Composite Purchasing Managers' survey results from the euro area and other major euro area economies are due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial output data for June. Production is forecast to grow 0.8 percent on a monthly basis, in contrast to the 0.5 percent fall in May. At 3.00 am ET, Spain's INE publishes industrial output data for June.
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48 minutes ago
European Shares Set To Open On Firm Note
European stocks are seen opening higher on Tuesday as investors await the next batch of earnings and any new developments on the trade front.
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53 minutes ago
Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat
Indian shares opened on a sluggish note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
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1h 54min ago
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains across all sectors led by mining, energy and technology stocks.
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2h 59min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid optimism the weak monthly US jobs data will lead the US Fed to lower interest rates next month. Traders also picked up stocks at a bargain following the recent downturn in the markets. Asian markets closed mixed on Monday.
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3h 25min ago
Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs
Indian shares may open on a weak note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
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3h 57min ago
